Tesla development. Consider th-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Tesla development.

Consider this.

1) Price war started failed. Tesla sales and margins fell Whereas the Chineses EV's are reporing better results.

2) Cybertruck is not contributing. The big promise hyped about is not deiverying. In production as well as quality.

3) Supercharging dominance, is strangely being dumped. Entire Supercharging team has been sacrificed.

4) Headcount massacre. Along with entire The Supercharging team, loads of other massive firings.

4) China trip at the risk of upsetting China's archbrival, India.

5) Now annoucement of acceptance of Dogecoin. Isn't Bitcoin already accepted? How does this help improve sale for Tesla?

Have Musk run out of story to tell?

Clearly the real situation has been hoing badly for Tesla and this was seen in the massive drop in share price. Reportedly about 40% since the year started. And Musk has been making lots of pronouncements to change this.

Why this desperate need to lift share price of Tesla other than the obvious?

I think it is because he needs to improve the sentiments of shareholders to win votes for the reinstatement of the $56b bonus declarded illegal.

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Comments

fishinglo
05-07
fishinglo
Let's see how they navigate through and evolve.
skythelimit
05-07
skythelimit
Interesting perspective!

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